Latest news
Ukraine suspended natural gas imports from Russia
Ukraine’s Naftogaz decided to suspend natural gas imports from Russia last Friday amid a dispute over pricing. However the flow to Europe via Ukraine remains intact so far.
read more... 13/11/2013
Protests in Libya arrested gas exports to Italy
Protestors have shut Libya's gas export pipeline to Italy, its only purchaser, demanding more rights for the Amazigh. The protesters want their language guaranteed under Libya's planned new constitution and a bigger say in a committee to be elected to draft the constitution.
read more... 12/11/2013
North Sea could boost its oil output but it needs a reform
Sir Ian Wood, former chairman of oil services firm Wood Group, said that the UK economy could see 200 billion pounds coming from the North Sea oil and gas industry.
read more... 12/11/2013
Daily: Brent crude increases on the failure to reach Tehran's nuclear deal
Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.
read more... 12/11/2013
Croatia inks a deal to establish power exchange
Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.
read more... 12/11/2013